China Feihe LimitedHKEX: 6186

Connected transaction the loan agreement

· Issued by China Feihe Limited via HKEXnews

Filed with HKEX · Stock code 6186 · · 6 pages · English

Summary by 6ix AI

China Feihe Limited has announced a connected transaction regarding a loan agreement with Garland Glory, a controlling shareholder of the company, to provide a loan facility. The loan agreement involves a significant amount and is subject to specific listing rules due to the relationship between the parties. The company has assessed the borrower's repayment capacity and believes the associated risks are manageable. The terms of the loan were determined through negotiations and are considered fair and reasonable by the board of directors.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

China Feihe Limited on 6ix

Earlier from China Feihe

All China Feihe news releases